I believe it is finalized. Aggressive cut before restructure.

Actually, the executives are doing what is necessary. HDD technology is mature and hitting natural physical limits, while facing slow replacement by SSD technology. It won't immediately replace HDD in every instance, but the trend is inescapable... — read more 

Samsung announced at flash summit '17 that fifth generation will include Samsung's first QLC NAND flash (four bits per cell), with a capacity of 1Tb (128GB) per die.

Search is failing me, or I am still too sleepy to function efficiently, but I can't find any concrete info on what severance is like at Seagate in case of layoffs... Anybody knows what to expect in case I find myself being shown the door? I am... — read more 

There's so much tension in our department it's not worth engaging anyone. People are snapping at each other all the time. Seagate will soon start moving people to other shifts to get work done wether they like it or not. Employees are not people. So... — read more 

Lots of blaming this and that. As employees of Seagate, current and former, what would you do to fix this company from collapsing? Only two rules and three goals, unless you can think of more goals. Rules: a) Remember your boss is the 292 million... — read more 

Planned.

Huge lay off in November, then guess who is going to acquire this company?

In 6 months the weekend workers will be gone, hammer will be be history and seagate will gut R&D. We will be a production only company as we die off.

He had the nerve to happily accept a 25% raise while sending us an email that there will be no raises across the company. That's $125K raise, folks! Same job, poor financial performance, but gets mo' money. We're not talkin receiving the usual piss... — read more 

330TB per cartridge. http://www.techrepublic.com/article/ibm-breaks-tape-storage-world-record-with-330-tb-of-uncompressed-data-on-palm-sized-cartridge/

From an ex-Seagate employee, so sorry to hear of yet another layoff. Wishing you and yours well wishes and a speedy recovery. For those still at Seagate, I encourage you to look elsewhere. Seagate management has you in it's sights. You will be... — read more 

AMS & HEPTAGON

Ok. Let me tell you what is going on since your executives will not. SSD has taken out 15K & 10K enterprise HDD as well as PC HDD. When SSD's are deployed in all flash arrays in combination with de-duplication technology, the SSD capacity need is 1/3... — read more 

The 2000 20-billion dollar deal looked like a great deal for Seagate. But, did it hurt the long term viability of Seagate by divesting interests in companies like SanDisk? YOU BE THE JUDGE. "I think the value the shareholders are getting is pretty... — read more 

The 2000 20-billion dollar deal looked like a great deal for Seagate then hurt the long term viability of the company by divesting interests in companies that Seagate had stake on? YOU BE THE JUDGE. "I think the value the shareholders are getting is... — read more 

I am not the original author of this statement but I thought it too important not to have a main heading of it's own on this forum. It might be missed by some if they didn't go into topic to which it was an honest and well written reply... "Ok. Let... — read more 

Its probably obvious to most people here, but when you constantly RIF staff, what does it say about the future prospects of Seagate? This is going beyond simply weeding out the non-productive staff, it suggests that business will continue to decline... — read more 

I see people mentioning new layoffs most likely will take place in September, and I have not seen anybody mention August (haven't been through all of the threads here, though.) Does that mean we can relax even for a short period? I know something is... — read more 

Convinced

Prepare your CV and dothill is sale again after 50% cut.

Don't believe anything management tells you. If any of the things management said were true we would be outperforming WD and Samsung combined. Our portfolio of media storage would be knocking our competitors into submission. We would be hiring 100's... — read more 

https://www.theregister.co.uk/2017/07/31/flash_drive_revenues_twice_hdd_revenues/

https://seekingalpha.com/article/4093185-western-digital-vs-seagate-technology?auth_param=1eaak3:1co1d66:2f593bf00c52ab6e4f50bb0c95f85323&dr=1

RIF's, a huge drop in profits,falling behind other companies technology wise and seagates competitors seem to speeding miles ahead with new innovative ideas and products.Will it get worse or better? In my opinion its all going to go downhill as i... — read more 

Things must be looking up. COO and CFO leading the charge with annual increment of $250k and 150k. Who's next?

What's the plans for eVault, Lacie, and Dothill? With Samsung and Xyratec gone, Maxtor and Broadcom SSD were the only good acquisitions.

https://www.theregister.co.uk/2017/07/28/wd_results/

I am sure everybody has seen stuff like this in the past, but this seems like a rather appropriate time for a refresher. 7 signs your company is going under—and how to save yourself Seagate is at least 5/7 on this... — read more 

I was laid off yesterday. I don't blame anyone. it's the nature of the business. if you look at WD and Samsung quaterly report, their profit hit new highs, Samsung is making a lot more money from their storage and DRAM business, in a sense it has... — read more 

Anyone knows about bdc work moving to SRC?

Will the TCO site close in the next 6 to 12 months? Based on the various personnel cuts, mission realignment, and jockeying of responsibilities; this scenario looks unavoidable.

Just heard - ~ 5 in Pune and 45 in Blr getting boot, mainly from Xyratech group. Can someone confirm?

BCG is working restructuring. Planning for big lay off Last week of November or 2nd week of January as per as their current schedule. 50% cut expected. Remaining team will be moved to Bay Area.

You all really need to look at the Tree full of Monkeys scenario, the Monkeys on the top of the tree look down and see Smiling Monkeys, the Monkeys on the bottom look up and see a very different view of things.

Seems like dana screwed xyratech and saved his ex-company dothill.

After the reduction comes the bonus rate announcement. For all our fallen comrades we would like to thank you for your sacrifices. We will march on with you in our hearts. Thanks for your sacrifices